Another Long Bond Question

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barrett
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Another Long Bond Question

Post by barrett »

Another question for you guys...

My LTT's are almost all 11/15/43 issues. (^TYX) shows the 30-year bond went down 1.89% yesterday. Fidelity shows my bonds only went up .55%. I realize that these numbers are not supposed to match but this much of a discrepancy surprised me. Anyone have an explanation for this? Illiquidity in that particular issue for some reason? Bad math at Fidelity? Mental shortcomings on my end that I should attend to? Thanks.
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dualstow
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Re: Another Long Bond Question

Post by dualstow »

I think Murphy had a question like this earlier. Instead of ^TYX, it was about how one bond surprisingly performed better than another. As for answers, well, I don't remember.  :)
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barrett
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Re: Another Long Bond Question

Post by barrett »

Dualstow,

I thought you were riding to my rescue but instead you are doing an imitation of Reagan at the Iran-Contra hearings! :)

Chief Inquisitor: Can you tell us why Barrett's long bonds are not tracking the indices?

Reagan: Well he could have just bought the wrong bonds but I really don't remember.

Aaaaaahh!
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dualstow
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Re: Another Long Bond Question

Post by dualstow »

lol. We both have poor memories and both like to say 'Well' a lot.
Well, just for you I will search for the thread. Better than going back to packing up boxes for our impending move.

ADDED: found - http://gyroscopicinvesting.com/forum/bo ... year-bond/
Last edited by dualstow on Wed Oct 15, 2014 8:29 am, edited 1 time in total.
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sophie
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Re: Another Long Bond Question

Post by sophie »

dualstow wrote: lol. We both have poor memories and both like to say 'Well' a lot.
Well, just for you I will search for the thread. Better than going back to packing up boxes for our impending move.

ADDED: found - http://gyroscopicinvesting.com/forum/bo ... year-bond/
Yup, it's the one day delay for the prices to catch up.

Moving??  New city perchance?
"Democracy is two wolves and a lamb voting on what to have for lunch." -- Benjamin Franklin
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dualstow
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Re: Another Long Bond Question

Post by dualstow »

Nah, renovation is almost done so we're moving back in.
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barrett
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Re: Another Long Bond Question

Post by barrett »

"Honey the renovations are done. I'll just throw all our belongings in this row boat and we'll sail up river. It's more direct and..."
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dualstow
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Re: Another Long Bond Question

Post by dualstow »

barrett wrote: "Honey the renovations are done. I'll just throw all our belongings in this row boat and we'll sail up river. It's more direct and..."
ha! What belongings? All that's left is in storage and it feels great to be free of it. I wish I had the willpower to get rid of it when it comes back but I know it's going to end up in the basement with the cave crickets.  :)
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